Moses & Singer LLP

Fund Finance & Capital Commitments Lending

We are a market leader in fund finance, including lending against capital commitments (subscriptions) and other fund assets. Our long experience has created a valuable knowledge base relating to the investors whose obligations to contribute capital constitute the collateral for many credit facilities. Virtually since the inception in the 1990s of subscription finance facilities and advances against capital commitments, Moses & Singer LLP has represented money center banks in connection with these complex transactions. The spectrum of fund borrowers has ranged from funds with a single investor (such as a state retirement system) to funds with hundreds of investors and multiple parallel funds and feeder funds, and has included seasoned fund sponsors and first-time sponsors. In the majority of the transactions we have represented the agent bank for a syndicate of lenders, but we have also handled bilateral transactions and the representation of syndicate members. Most of these transactions involve complex borrowing bases including select unpaid capital commitments and, in some cases, the net asset value (NAV) of other fund assets.

For more information please contact us.

Prior results do not guarantee a similar outcome.

Related Attorneys

Overview

We are a market leader in fund finance, including lending against capital commitments (subscriptions) and other fund assets. Our long experience has created a valuable knowledge base relating to the investors whose obligations to contribute capital constitute the collateral for many credit facilities. Virtually since the inception in the 1990s of subscription finance facilities and advances against capital commitments, Moses & Singer LLP has represented money center banks in connection with these complex transactions. The spectrum of fund borrowers has ranged from funds with a single investor (such as a state retirement system) to funds with hundreds of investors and multiple parallel funds and feeder funds, and has included seasoned fund sponsors and first-time sponsors. In the majority of the transactions we have represented the agent bank for a syndicate of lenders, but we have also handled bilateral transactions and the representation of syndicate members. Most of these transactions involve complex borrowing bases including select unpaid capital commitments and, in some cases, the net asset value (NAV) of other fund assets.

For more information please contact us.

Prior results do not guarantee a similar outcome.

 

© 2021 Moses & Singer LLP. All Rights Reserved.